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Rabbit secures $3.3 million in seed funding
Mar 01, 2013 (Datamonitor Financial Deals Tracker via COMTEX) --
Rabbit, Inc. a US-based developer of application that allows watching videos, listening to music and sharing any type of content together while video chatting with friends, has secured $3.3 million in seed funding from Google Ventures, CrunchFund, Michael Birch and existing angel investors.
Deal Value (US$ Million) 3.3
Deal Type Venture Finance
Sub-Category Seed
Deal Status Completed: 2013-02-28
Deal Participants
Target (Company) Rabbit, Inc.
Acquirer (Company) Undisclosed Investors*
Deal Rationale
Rabbit plans to use the funding for investment in video chat and content sharing technology, and launch private beta to users around the world.
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